Lehman Brothers Holdings Inc.

Pandit's `Near Death' Cash Hoard Signals Lower Profits Ahead at U.S. Banks
Bloomberg | 22 days 46 minutes ago
Citigroup has almost doubled its cash to $244.2 billion in the year since Lehman Brothers Holdings Inc. filed for bankruptcy, the biggest such stockpile of any U.S. bank. The lender, which last year came so close to a funding shortfall it had to get a $45 billion government infusion, is under pressure from the Treasury Department and regulators to keep more money on hand for emergencies, even as markets improve.

Bear Acquittals Cause Soul-Searching as Decisions Near on AIG, Lehman
Wall Street Journal, The | 11 days 21 hours 31 minutes ago
The acquittals of two former Bear Stearns Cos. hedge-fund managers on securities-fraud charges is causing some soul-searching among prosecutors who hope to hold Wall Street accountable for excessive risk-taking that helped lead to the financial crisis.

Not the First Black Eye,' but Should AIG, Lehman Cases Be Pursued?
Wall Street Journal, The | 12 days 2 hours 12 minutes ago
The acquittals of two former Bear Stearns Cos. hedge-fund managers on securities-fraud charges is causing some soul-searching among prosecutors who hope to hold Wall Street accountable for excessive risk-taking that helped lead to the financial crisis.

Citi, Wells Fargo, Lehman Servicer Boost Mortgage Modifications
Wall Street Journal, The | 45 days 16 hours 29 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A new report from the U.S. Treasury shows Citigroup Inc. (C), Wells Fargo & Co. (WFC) and a loan servicer still owned by bankrupt Lehman Brothers Holdings Inc. (LEHMQ) made quick progress in September modifying mortgages for delinquent borrowers under a government foreclosure-prevention program.

The whys and hows of regulation on derivatives adopted by House panel -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 39 days 17 hours 31 minutes ago
WASHINGTON (AP) — A House bill would impose new restrictions on a series of complicated financial transactions that had traded in private markets around the world without regulations. One type of these specialized derivative instruments, called credit default swaps, was blamed for the crisis that hit Wall Street last year.

BofA's Cuadrado Quits After Beker Returns to Run Latin America Research
Bloomberg | 10 days 11 hours 40 minutes ago
Cuadrado said in an e-mail that he's leaving to â??pursue new opportunitiesâ?? after working at the bank for more than four years. He was an employee of Merrill Lynch & Co. when it was bought by Bank of America in January to help it avoid becoming a casualty of the global credit crisis that pushed rival Lehman Brothers Holdings Inc. into bankruptcy. Cuadrado didn't immediately return calls seeking comment.

Lehman Brothers' art on the auction block
Tennessean (Nashville), The | 22 days 23 hours 38 minutes ago
Affordable pieces generate buzz

Bank of America Shopping Lehman Claim: Report
ABC News | 46 days 5 hours 36 minutes ago
NEW YORK (Reuters) - Bank of America Corp is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc , Bloomberg reported citing people familiar with the matter.

BRIEF-Lehman Brothers files non-timely 10-Q
Forbes | 40 days 11 hours 11 minutes ago
Oct 14 (Reuters) - Lehman Brothers Holdings Inc: * Files non-timely 10Q - SEC filing Article Controlsemail

Bank of America shopping Lehman claim: report
Reuters | 46 days 5 hours 30 minutes ago
NEW YORK (Reuters) - Bank of America Corp (BAC.N) is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc (LEHMQ.PK), Bloomberg reported citing people familiar with the matter.

BANKRUPTCY WEEK AHEAD: Station Casinos' Lenders Seek Probe
Wall Street Journal, The | 10 days 15 hours 21 minutes ago
Of DOW JONES NEWSWIRES On Friday, a group of Station Casinos Inc.'s senior lenders will ask the Reno, Nev., bankruptcy court to launch an investigation into whether the company's executives and key backer Deutsche Bank AG (DB) are using the Chapter 11 process for their own benefit at the lenders' expense.

Gold Producer Stocks Poised to Underperform Bullion: Technical Analysis
Bloomberg | 16 days 17 hours 47 minutes ago
Gold traded at 11.5 times the level of the Philadelphia Stock Exchange Gold and Silver Index in October 2008, the most ever, as the financial crisis caused by Lehman Brothers Holdings Inc.'s bankruptcy sparked a stock market retreat and spurred investors to buy bullion as a haven. The gap has since narrowed as the mining index more than doubled to catch up with the metal's gain, beating gold's 48 percent advance.

Bank of America shopping Lehman claim - Bloomberg
Reuters | 46 days 5 hours 31 minutes ago
NEW YORK, Oct 8 (Reuters) - Bank of America Corp (BAC.N) is selling a claim with a face value of about $800 million that it holds against bankrupt Lehman Brothers Holdings Inc (LEHMQ.PK), Bloomberg reported citing people familiar with the matter.

Some T-Bills Due Jan, Feb Are Trading With Negative Rates
Wall Street Journal, The | 4 days 12 hours 3 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Some Treasury bills maturing at the start of next year traded at negative rates Thursday, a sign of investors' strong demand for the safest securities at a time when T-bills are in scarce supply.

JPMorgan CEO Dimon: End 'too big to fail'
Forbes | 10 days 17 hours 46 minutes ago
NEW YORK, Nov 13 (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon called the idea that any bank is too big to fail 'ethically bankrupt' and said regulators should have the power to wind down even the largest lenders.